Solving Mortgage Fraud With Fraud

Solving Mortgage Fraud With Fraud

[ CAF Note: We created a mortgage bubble by fraudulent means. When the bubble burst, we solved the banks problem with fraudulent means at taxpayers expense. Now the question is if and how will we

NAFTA on Steroids

NAFTA on Steroids

Farmers from Miyagi prefecture raise their fists along with other farmers from across Japan during a rally against Japan participating in rule-making negotiations for the U.S.-led Trans-Pacific Partnership (TPP) in Tokyo October 26, 2011. REUTERS/Yuriko

Denmark Financing at Negative Interest Rates

Denmark Financing at Negative Interest Rates

By John Acher and Ole Mikkelsen * Central bank cuts main policy rate by 25 bps to 0.20 pct * Cuts CD rate by 25 bps to negative 0.20 pct * Keeps current account rate

What is the Higgs Boson?

What is the Higgs Boson?

By Soren Dreier Scientists at Cern, the Geneva-based European laboratory for particle physics, are revealing their latest findings in their search for the Higgs boson. Video the guardian (3 July 12) Continue reading the article

Collaborative Consumption

Collaborative Consumption

A social and economic system driven by network technologies that enable the sharing and exchange of all kinds of assets from spaces to skills to cars in ways and on a scale never possible before

Right to Know Label GMO Foods

Right to Know Label GMO Foods

Stand Up For Your Right To Know The California Right to Know Genetically Engineered Food Act of 2012 We All Have a Right to Know What’s in Our Food Consumers have a right to know

Glencore Whac-a-mole

Glencore Whac-a-mole

Anyone notice a pattern? By Ben Deighton A Belgian court convicted a subsidiary of commodities trader Glencore (GLEN.L) and others on Wednesday of bribing a European Union official in return for market-sensitive information. Glencore Grain

Is This The Next Bubble?

Is This The Next Bubble?

By Chuck Gibson Buried underneath last week’s news about the Supreme Court’s ruling on “Obamacare”, the House of Representatives passed a transportation bill that included an extension of the low interest rate on government-subsidized student

DOJ:  Eliminating Marijuana Competition In California

DOJ: Eliminating Marijuana Competition In California

[CAF Note: When John Gotti, Jr. was asked by the press whether or not the Gotti crime family was trafficking in narcotics, he denied the allegation saying “who can compete with the government?” My research

Federal Court Affirms Significant New Powers for EPA

Federal Court Affirms Significant New Powers for EPA

[CAF Note: I’m a skeptic. Get ready for this to be seriously misused] A federal court decision on Tuesday upholding the Environmental Protection Agency’s landmark rulings to control greenhouse gases was a decisive victory for

Regulators to Classify Gold as Zero-Risk Asset?

Regulators to Classify Gold as Zero-Risk Asset?

Image: Stuart Niles / freedigitalphotos.net * By John Butler In what might be the most underreported financial story of the year, US banking regulators recently circulated a memorandum for comment, including proposed adjustments to current

Medical Terrorism’s on the Prowl

Medical Terrorism’s on the Prowl

[Note from CAF: Here it comes again. A new effort to push pandemics and vaccines. If ever there is a sign of real weakness in the global economy, medical terrorism is it. For more on swine

Radical Openness

Radical Openness

Photo: James Duncan Davidson Source: TED In pictures, quotes and more. As the world becomes interconnected, the ways we relate and learn about one another (and the rules about what we share) are changing. That’s

Pentagon Lists 110 Potential Drone Bases in U.S.

Pentagon Lists 110 Potential Drone Bases in U.S.

[click on the image for a larger version By Steven Aftergood The Department of Defense has identified 110 sites in the United States that could serve as bases for military unmanned aerial systems (UAS), or

The World at War, $20 at a Time

The World at War, $20 at a Time

by Catherine Austin Fitts In April, I dropped into the Verizon Store in Corte Madera, California. I was headed to Portugal. My iPhone did not work globally. On my last few trips to Europe, Verizon

Trans-Pacific Strategic Economic Partnership

Trans-Pacific Strategic Economic Partnership

From Wikipedia The Trans-Pacific Partnership (TPP), also known as the Trans-Pacific Strategic Economic Partnership Agreement, is a multilateral free trade agreement that aims to further liberalize the economies of the Asia-Pacific region; specifically, Article 1.1.3

Million Dollar Blocks

Million Dollar Blocks

[CAF Note: Like Curtis Mayfield sang, “It’s like one way in and no way out.”] By Spatial Information Design Labs The United States currently has more than 2 million people locked up in jails and

All Watched Over By Machines Of Loving Grace

All Watched Over By Machines Of Loving Grace

By Adam Curtis All Watched Over By Machines Of Loving Grace is a series about how humans have been colonised by the machines they have built — “Although we don’t realise it, the way we

GMO Myths and Truths

GMO Myths and Truths

Genetically modified (GM) crops are promoted on the basis of a range of far-reaching claims from the GM crop industry and its supporters. They say that GM crops: Are an extension of natural breeding and

Family Net Worth Plummets Nearly 40%

Family Net Worth Plummets Nearly 40%

By Charles Riley The average American family’s net worth dropped almost 40% between 2007 and 2010, according to a triennial study released Monday by the Federal Reserve. [click on the image for a larger version

Centralization Has Failed

Centralization Has Failed

By Charles Hugh Smith of two minds.com The Master Narrative Nobody Dares Admit All centralized systems, open and shadow alike, act as heavy taxes on the society and economy. This is why they cannot compete

Bank Investors Dismiss Moody’s Cuts as Years Too Late

Bank Investors Dismiss Moody’s Cuts as Years Too Late

By Dakin Campbell and Michael J. Moore Moody’s Investors Service suffered a downgrade of its own as markets responded to the company’s rating cuts yesterday of 15 of the world’s largest banks by bidding up

Lesta Frank’s New Classes in San Antonio

Lesta Frank’s New Classes in San Antonio

Workshop– Saturday June 23 and Sunday, June 24, 2012 Hours: Each day-10:00-4:00 Place: Lesta’s Studio, 135 Evans Ave.,San Antonio., 78209 Fee: One day $50, both days $85 plus supply fee $10 a day Lunch: Bring your

Asia’s Millionaire Count Passes North America’s

Asia’s Millionaire Count Passes North America’s

Source: CNBC The United States is still No. 1 when it comes to the number of millionaires in a single country, but global wealth is continuing its movement eastward. Continue reading the article . .

Disney: Protecting IP or Compromising Personal Rights?

Disney: Protecting IP or Compromising Personal Rights?

By a Solari Report Subscriber [CAF Note: Yikes! Has this happened to you? If you are a subscriber, post your story on the blog or, if not, let us know at communicate@wordpressdevurl.com. Let us know

Japan PM Noda Orders Nuclear Reactors Back Online

Japan PM Noda Orders Nuclear Reactors Back Online

Source: BBC News Japan has announced that it will restart two nuclear reactors – the first to go back online since all the country’s plants were closed following last year’s Fukushima crisis. Reactors at the

First Day of Summer – The Summer Solstice

First Day of Summer – The Summer Solstice

Summer begins in the Northern Hemisphere on June 20, 2012, at 7:09 P.M. (EDT). Here’s more about the first day of summer—the summer solstice—plus, facts, folklore, and some sensational summer photos! Continue reading the article

Encroachment Upon Basic Freedoms

Encroachment Upon Basic Freedoms

By Frank Morales Back in 1992 the Pentagon’s Joint Chiefs of Staff held a “Strategy Essay Competition.” The winner was a National War College student paper entitled, “The Origins of the American Military Coup of

Japan to Pass Bill to Insure Iran Oil Imports

Japan to Pass Bill to Insure Iran Oil Imports

By Osamu Tsukimori TOKYO (Reuters) – Japan’s lower house is set to pass a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, making it the first of Iran’s big Asian

HKEx Agrees to Buy LME in $2.2 billion Deal

HKEx Agrees to Buy LME in $2.2 billion Deal

By Chris Oliver Hong Kong Exchanges & Clearing HK:388 -4.45% HKXCF +2.56% , operator of the Hong Kong Stock Exchange, said Friday it has entered into a framework agreement to buy the London Metal Exchange

Inflation: What It Really Costs

Inflation: What It Really Costs

By Ron Bennett For all the small business owners out there struggling to make it, here is simple calculation of the hidden tax paid due to inflation: How much is the tax due to 4%

$1,000 and a Click: Buying Stock the Crowdfunding Way

$1,000 and a Click: Buying Stock the Crowdfunding Way

By Karen Weise It’s been just two weeks since President Obama signed the JOBS Act into law, loosening requirements for companies looking to raise capital. The rules aren’t even written yet, and already one new

Dr. Jim MacKimmie: 1928 – 2012

Dr. Jim MacKimmie: 1928 – 2012

By Anais Starr My great good friend and doctor healer, Dr. Jim MacKimmie passed away on Monday evening, June 11. After the initial stab of a shock, jangling of heart strings, sleeping on it overnight,

Estate Planning About to Change

Estate Planning About to Change

Could this be the golden age of estate planning? Some financial advisers believe it is — at least until the end of the year. That’s when key income tax breaks for transferring wealth are scheduled

North Dakota Considers Eliminating Property Tax

North Dakota Considers Eliminating Property Tax

BISMARCK, N.D. — Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them,

Chinese Offer £1.3Bn for Metal Exchange

Chinese Offer £1.3Bn for Metal Exchange

  Hong Kong Exchanges and Clearing, which counts the Chinese government among it shareholders, is understood to have tabled a £1.3bn offer for the City’s last “open cry” market, and a decision is expected to

30,000 Secret Surveillance Orders Approved Each Year

30,000 Secret Surveillance Orders Approved Each Year

30,000 secret surveillance orders approved each year Nate Anderson (5 June 12) If the government spies on you but brings no charges, you’ll never know. A federal judge estimates that his fellow federal judges issue

Public Comment on Inflation Measurement

Public Comment on Inflation Measurement

Source: Shadowstats This article replaces the earlier “Primer” on the Consumer Price Index   Consumer Price Index Has Been Reconfigured Since Early-1980s?So As to Understate Inflation versus Common Experience   CPI no longer measures the

The Global Debt Clock

The Global Debt Clock

Source: Economist Our interactive overview of government debt across the planet. The clock is ticking. Every second, it seems, someone in the world takes on more debt. The idea of a debt clock for an

What’s the Risk of Capital Flight in China?

What’s the Risk of Capital Flight in China?

By Humble Student of the Markets I wrote before that the likely negative surprise was going to come from China and not Europe (see Focus on China, not Europe). Yes, I am worried about China,

There Are Three Kinds of People

There Are Three Kinds of People

“There are three kinds of people in the world: those who are asleep, those who are stirring, and those who are awake. “If you try to wake up the sleeping person he will just mumble

Flame Cyber Attack: Israel Behind Largest Cyber Spy Weapon Ever?

Flame Cyber Attack: Israel Behind Largest Cyber Spy Weapon Ever?

By Lee Ferran, Alexander Marquardt and Colleen Curry Flame, also known as sKyWIper, is a veritable “toolkit” of cyber spying programs that is capable of remotely taking screenshots while the computer user works, recording audio

Financial Coup d’Etat

Financial Coup d’Etat

[Note from CAF: This post was originally published here in February of 2009. In light of recent events, I am republishing.] By Catherine Austin Fitts In the fall of 2001 I attended a private investment

Halloween & The Popsicle Index

Halloween & The Popsicle Index

Popsicle Index: High! Everyone goes trick or treating – or do they?  When I was a kid, my neighborhood was full of trick or treaters.

Catherine’s Cleansing

Catherine’s Cleansing

By Catherine Austin Fitts Several people have asked me what methods I use for detoxification. Here are the actions that I use that work for

GLD & SLV: Disclosure in the Precious Metals Puzzle Palace

GLD & SLV: Disclosure in the Precious Metals Puzzle Palace

From the Preface: “This article was inspired by a conversation in January 2010 with fellow directors of the Gold Anti-Trust Action Committee: Chairman Bill Murphy, Secretary/Treasurer Chris Powell, and Directors Adrian Douglas and Ed Steer.

SEC Approves Short Selling Restrictions

SEC Approves Short Selling Restrictions

The Securities and Exchange Commission today adopted a new rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure. The measure is intended to promote market stability and

California vs. Goldman Sachs

California vs. Goldman Sachs

Dear Mr. Blankfein: I write to request information about your firm’s market activities related to credit default swaps on municipal bonds in general, and State of California general obligation (GO) bonds specifically. The State never

How America Will Beat Back China With Its Killer Labor Force

How America Will Beat Back China With Its Killer Labor Force

View Larger Chart By Vincent Fernando, CFA and Kamelia Angelova There’s an enormous yet simple reason why America will remain an extremely powerful nation out to 2050. It’s demographics. Thanks to a relatively high fertility

US Dollar Index – 1990 to Present

US Dollar Index – 1990 to Present

As we read stories about a strong US dollar, it is good to keep a historical perspective in mind. View larger image at FXStreet.com

Goldman Capitulation on Dollar Shows Reversal on U.S.

Goldman Capitulation on Dollar Shows Reversal on U.S.

By Oliver Biggadike and Inyoung Hwang The strengthening U.S. economy, subdued inflation and rising stock prices are propelling the dollar rally into its fifth month as traders seek refuge from Europe’s fiscal crisis and Japanese

US, Russia Seal Nuclear Treaty

US, Russia Seal Nuclear Treaty

President Obama and Russian President Dmitry Medvedev have sealed an agreement on a landmark nuclear arms reduction treaty. Obama and Medvedev plan to officially sign the new Strategic Arms Reduction Treaty on April 8 in

A U.S. Biometrics Agency

A U.S. Biometrics Agency

As of last week, there is now a U.S. Government national security agency called the Biometrics Identity Management Agency (BIMA).  It supersedes a Biometrics Task Force that was established in 2000. Though nominally a component

Wall Street Cheating Municipal Governments

Wall Street Cheating Municipal Governments

By William Selway and Martin Z. Braun JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest

Is There Anyone Around Who Remembers A Bear Market In Bonds?

Is There Anyone Around Who Remembers A Bear Market In Bonds?

View Larger Chart By Joe Weisenthal and Kamelia Angelova The recent bond sell off might just be noise, but of course it’s causing people to discuss the long-term sustainability of US debt. Continue reading Is

More Ugly Housing Data

More Ugly Housing Data

View Larger Chart By Adam Brochert For those who already own Gold and want to buy a house in the future, here’s how to know when to start looking for a house (chart stolen from

Gold For Bread

Gold For Bread

MDC activist Sam Chakaipa returns to his village in rural Zimbabwe to find his friends and neighbours starving to death. Reduced to panning gold powder from the rivers to exchange for food at an exorbitant

Supply Fears Start to Hit Treasuries

Supply Fears Start to Hit Treasuries

By Michael Mackenzie and David Oakley The bond vigilantes are finally flexing their muscles. A long period of stability for the US government bond market showed signs of cracking this week as a lack of

Michael Pollan’s Letter To The Farmer In Chief

Michael Pollan’s Letter To The Farmer In Chief

Dear Mr. President-Elect, It may surprise you to learn that among the issues that will occupy much of your time in the coming years is one you barely mentioned during the campaign: food. Food policy

The Patient Protection and Affordable Care Act

The Patient Protection and Affordable Care Act

– Read the full text of the bill as signed by the President – View an index and references at Thomas.gov Related reading: Obama to Sign Executive Order on Abortion Today ABC News (24 Mar

House Approves Landmark U.S. Health-Care Legislation

House Approves Landmark U.S. Health-Care Legislation

By Laura Litvan, Nicole Gaouette and Kristin Jensen March 22 (Bloomberg) — The U.S. House passed the most sweeping health-care legislation in four decades, rewriting the rules governing medical industries and ensuring that tens of

The Truth About the Health Care Bill

The Truth About the Health Care Bill

By Jane Hamsher The Firedoglake health care team has been covering the debate in congress since it began last year. The health care bill will come up for a vote in the House on Sunday,

Rasmussen Polls Health Care Reform

Rasmussen Polls Health Care Reform

In his new book, In Search of Self-Governance, Scott Rasmussen observes that most Americans “have come to believe that the political system is broken, that most politicians are corrupt, and that neither major political party

Wachovia Bank Laundered Millions In Mexican Drug Money

Wachovia Bank Laundered Millions In Mexican Drug Money

Wachovia bank executives have admitted that the banking giant laundered millions of dollars for Mexican drug lords between 2003 and 2008, prosecutors announced in Miami this afternoon. The bank has promised to pay $160 million

Latvia Government Collapses Amid Economic Crisis

Latvia Government Collapses Amid Economic Crisis

By Matthew Day The People’s Party, the largest group in a five-party coalition, walked out amid disputes over how to cope with the country’s severe problems. Unemployment has now hit 20 per cent and the

Bernanke Asked To Turn Over Documents

Bernanke Asked To Turn Over Documents

By Hugh Son A House committee requested that Federal Reserve Chairman Ben S. Bernanke turn over documents related to Stephen Friedman’s purchase of Goldman Sachs Group Inc. shares while he was on the boards of

The Constancy of Wall

The Constancy of Wall

“Some people think the Federal Reserve banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of

What’s On Your Plate?

What’s On Your Plate?

WHAT’S ON YOUR PLATE? is a witty and provocative documentary produced and directed by award-winning Catherine Gund about kids and food politics. Filmed over the course of one year, the film follows two eleven-year-old multi-racial

GATA Chairman Murphy’s Planned Testimony

GATA Chairman Murphy’s Planned Testimony

Dear Friend of GATA and Gold: The formal statement GATA Chairman Bill Murphy plans to submit as a witness at the U.S. Commodity Futures Trading Commission’s hearing next week on position limits in the precious

To Eat Local, Kill Local

To Eat Local, Kill Local

By Heather Smith With just one slaughterhouse remaining within 80 miles of San Francisco, we stand to lose not only our local beef industry, but our grazing lands as well. Now a thick-skinned herd of

Domestic Dogs Ancestry

Domestic Dogs Ancestry

By Steve Gorman From French poodles to German shepherds, domestic dogs likely trace most of their ancestry to the Middle East, as opposed to East Asian origins suggested by previous research, a genetic study reported

Idaho Challenges National Health Care Proposal

Idaho Challenges National Health Care Proposal

By Dugald McConnell Idaho on Wednesday became the first state to pass a law saying no thanks to part of President Obama’s health care proposal. The Idaho Health Care Freedom Act says in part, “every

A Discussion on Healthcare, Politics and Reform

A Discussion on Healthcare, Politics and Reform

Congressman Dennis Kucinich of Ohio announced on Wednesday he would switch his vote on the Democrat-led healthcare reform bill and support the legislation even though it does not create a public option. Continue reading Dennis

Deutsche Bank, JPMorgan, UBS Are Charged With Fraud

Deutsche Bank, JPMorgan, UBS Are Charged With Fraud

By Elisa Martinuzzi and Sonia Sirletti Deutsche Bank AG, JPMorgan Chase & Co., UBS AG and Hypo Real Estate Holding AG’s Depfa Bank Plc unit were charged with fraud linked to the sale of derivatives

Idaho Bill Permits State Taxes Be Paid With Silver

Idaho Bill Permits State Taxes Be Paid With Silver

Idaho lawmakers are backing a plan that would allow state tax bills to be paid down with silver medallions instead of cash. The bill approved Monday is intended to encourage the use of silver as

C-Span Puts Full Archives on the Web

C-Span Puts Full Archives on the Web

By Brian Stelter Researchers, political satirists and partisan mudslingers, take note: C-Span has uploaded virtually every minute of its video archives to the Internet. The archives, at C-SpanVideo.org, cover 23 years of history and five

US Joint Forces Command 2010

US Joint Forces Command 2010

In the late fifth century BC, Athenian negotiators, speaking to their Spartan competitors, with whom they were soon at war, staked out their rationale for their refusal to abandon their position as Greece’s other great

U.S. Intelligence Planned to Destroy WikiLeaks

U.S. Intelligence Planned to Destroy WikiLeaks

This document is a classified (SECRET/NOFORN) 32 page U.S. counterintelligence investigation into WikiLeaks. “The possibility that current employees or moles within DoD or elsewhere in the U.S. government are providing sensitive or classified information to

Water Wisdom

Water Wisdom

By Vandana Shiva Since 1966 – and as a consequence of the introduction of the Green Revolution model of water-intensive, chemical farming – India has over-exploited her groundwater, creating a water famine. Intensification of drought,

Italy Derivatives Bomb Also Ticking

Italy Derivatives Bomb Also Ticking

Financial markets are gripped by the role derivatives have played in Greece’s debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the 24 billion euro blast zone. Continue

Is Chinese Politburo Spoiling For Showdown With U.S.?

Is Chinese Politburo Spoiling For Showdown With U.S.?

By Ambrose Evans-Pritchard China has succumbed to hubris. It has mistaken the soft diplomacy of Barack Obama for weakness, mistaken the US credit crisis for decline, and mistaken its own mercantilist bubble for ascendancy. There

GOP Wants Dodd To Slow Down On Financial Reform Legislation

GOP Wants Dodd To Slow Down On Financial Reform Legislation

By Brady Dennis Republicans on the Senate banking committee said they remain open to finding a bipartisan agreement on legislation to overhaul financial regulation, but they warned the chairman, Sen. Christopher J. Dodd (D-Conn.), against

The War On Baby Girls – Gendercide

The War On Baby Girls – Gendercide

Imagine you are one half of a young couple expecting your first child in a fast-growing, poor country. You are part of the new middle class; your income is rising; you want a small family.

‘Pay it Forward’ Pays Off

‘Pay it Forward’ Pays Off

For all those dismayed by scenes of looting in disaster-struck zones, whether Haiti or Chile or elsewhere, take heart: Good acts – acts of kindness, generosity and cooperation – spread just as easily as bad.